Forex Trend Analysis Report
Prepared for you on Friday, February 21, 2020.
Polish New Zloty/Swedish Krona (FOREX:PLNSEK)
Crossroads (-60) - PLNSEK is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid PLNSEK?
MarketClub looks at technical strength and momentum to determine if the timing is right for PLNSEK.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for PLNSEK
The long-term trend has been UP since Oct 7th, 2019 at 2.50510
The intermediate-term trend has been DOWN since Jan 29th, 2020 at 2.47105
The short-term trend has been DOWN since Feb 21st, 2020 at 2.46625
Smart Scan Analysis for PLNSEK
Based on our trend formula, PLNSEK is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).